Avalon Technologies Limited

Manufacturer of electronic products and integrated systems for various industries.

1999 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated:

Avalon Technologies Profile

Key Indicators

  • Authorised Capital ₹ 22.00 Cr
  • Paid Up Capital ₹ 13.13 Cr
  • Company Age 25 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 166.10 Cr
  • Satisfied Charges ₹ 305.38 Cr
  • Revenue Growth 18.63%
  • Profit Growth 140.67%
  • Ebitda 57.52%
  • Net Worth 13.23%
  • Total Assets 0.41%

About Avalon Technologies

Avalon Technologies Limited (ATL) is a leading Public Limited Indian Non-Government Company incorporated in India on 03 November 1999 and has a history of 25 years and five months. Its registered office is in Kanchipuram, Tamil Nadu, India.

The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 22.00 Cr and a paid-up capital of Rs 13.13 Cr.

The company currently has active open charges totaling ₹166.10 Cr. The company has closed loans amounting to ₹305.38 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Avalon Technologies Limited India are Rajesh Vijayakumar as COMPANY SECRETARY and R Subramanian as Cfo. Venkataramani Anantharamakrishnan, Kunhamed Bicha, Nandita Abraham, and Five other members serve as directors at the Company.

Company Details

  • Location

    Kanchipuram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U30007TN1999PLC043479

  • Company No.

    043479

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    03 Nov 1999

  • Date of AGM

    25 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Information Technology

What products or services does Avalon Technologies Limited offer?

Avalon Technologies Limited offers a wide range of products and services, including Cables & Wiring Components, Wiring Harness, Turnkey Consultants & Solutions, Project Consultants, Warehousing Management Services, Inventory Management System, Pressed Components, Sheet Metal Pressed Components, Graphic Design & Animation Services, Designing Services.

Company report

Avalon Technologies Limited

Explore comprehensive data for Avalon Technologies Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Avalon Technologies?

Executive Team (3)

NameDesignationAppointment DateStatus
Kunhamed Bicha Country flag representing Us Managing Director03-Nov-1999Current
Rajesh Vijayakumar Country flag representing In Company Secretary03-Feb-2022Current
R Subramanian CFO07-Jul-2022Current

Board Members (7)

NameDesignationAppointment DateStatus
Sareday Kumar Country flag representing Us Director 01-Sep-2001Current
Nandita Abraham Country flag representing In Director 08-Feb-2023Current
Venkataramani Anantharamakrishnan Country flag representing Gb Director 07-Jul-2022Current
Byas Nambisan Country flag representing Us Director 19-Jul-2022Current
Srinivasan Bhaskar Country flag representing In Director 03-Nov-1999Current
Luquman Ediyanam Country flag representing In Director 03-Mar-2017Current

Financial Performance of Avalon Technologies.

Avalon Technologies Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 18.63% increase. The company also saw a substantial improvement in profitability, with a 140.67% increase in profit. The company's net worth Soared by an impressive increase of 13.23%.

Avalon Technologies revenue growth over time
Avalon Technologies profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
18.63%
Revenue from Operations
17.66%
Total Assets
0.41%
Profit or Loss
140.67%
Net Worth
13.23%
EBITDA
57.52%

What is the Ownership and Shareholding Structure of Avalon Technologies?

In 2022, Avalon Technologies had a promoter holding of 71.94% and a public holding of 28.07%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹166.10 Cr

Satisfied Charges

₹305.38 Cr

Charges Breakdown by Lending Institutions

  • Indian Bank : 69.00 Cr
  • Hdfc Bank Limited : 48.50 Cr
  • Standard Chartered Bank : 25.00 Cr
  • Bank Of India : 23.60 Cr

Latest Charge Details

DateLenderAmountStatus
29 Oct 2021Hdfc Bank Limited₹48.50 CrOpen
29 Oct 2020Indian Bank₹39.00 CrOpen
09 Oct 2014Indian Bank₹30.00 CrOpen
01 Mar 2012Bank Of India₹23.60 CrOpen
29 Feb 2012Standard Chartered Bank₹25.00 CrOpen

How Many Employees Work at Avalon Technologies?

Avalon Technologies has a workforce of 907 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Avalon Technologies Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Avalon Technologies, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Avalon Technologies's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Avalon Technologies

Recent activity within the organization

  • Charges

    A charge registered on 28 Feb 2020 via Charge ID 100335392 with Others was fully satisfied on 03 Nov 2023.

  • Charges

    A charge registered on 28 Feb 2020 via Charge ID 100335393 with Others was fully satisfied on 03 Nov 2023.

  • Annual General Meeting

    Avalon Technologies Limited last Annual general meeting of members was held on 25 Sep 2023 as per latest MCA records.

  • Charges

    A charge registered on 22 Mar 2022 via Charge ID 100554278 with Hdfc Bank Limited was fully satisfied on 20 Jun 2023.

  • Charges

    A charge registered on 29 Dec 2021 via Charge ID 100526932 with Indian Bank was fully satisfied on 24 Apr 2023.

  • Charges

    A charge registered on 30 Apr 2020 via Charge ID 100357081 with Indian Bank was fully satisfied on 24 Apr 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Avalon Technologies Limited?

    Avalon Technologies Limited was incorporated on 03 Nov 1999.

  • What is authorized share capital and paid-up capital of Avalon Technologies Limited?

    The authorized share capital of Avalon Technologies Limited is ₹ 22.00 Cr and paid-up capital is ₹ 13.13 Cr.

  • Who are the current board members & directors of Avalon Technologies Limited?

    Currently 10 directors are associated with Avalon Technologies Limited.

    • Venkataramani Anantharamakrishnan
    • Kunhamed Bicha
    • Nandita Abraham
    • Byas Unnikrishnan Nambisan
    • Sareday Seshu Kumar
    • Srinivasan Bhaskar
    • Luquman Veedu Ediyanam
    • Chandar Pattabhiram
    • Rajesh Vijayakumar
    • R M Subramanian

  • What is the registered address of Avalon Technologies Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Avalon Technologies Limited is B-7 First Main Road Mepz-Sez, Tambaram, Chennai, Tamil Nadu, India, 600045.

  • What is the corporate identification number (CIN) and company number of Avalon Technologies Limited?

    The corporate identification number (CIN) of Avalon Technologies Limited is U30007TN1999PLC043479 and the company number is 043479 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Avalon Technologies Limited?

    The Official website of Avalon Technologies Limited is https://www.avalontec.com

  • What has been the recent revenue trend for Avalon Technologies Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Avalon Technologies Limited has risen by 18.63%.

  • How many employees does Avalon Technologies Limited currently have?

    As Per 2022 financial reports, 907 employees are currently employed by Avalon Technologies Limited.

  • What change has been observed in the net worth of Avalon Technologies Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Avalon Technologies Limited has experienced an upsurge of 13.23%.

  • What are the total open charges for Avalon Technologies Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Avalon Technologies Limited amount to ₹ 166.10 Cr.

  • When was the last Balance Sheet of Avalon Technologies Limited filed with the ROC?

    The most recent Balance Sheet for Avalon Technologies Limited was filed with the ROC on 31 Mar 2023.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on Electronic Components Supply